Germany: Seasonal price increase for pellets in December

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The price for wood pellets in Germany has tightened during December 2017, at a national average of EUR 245.52/tonne. This represents a 2.7% increase over November and a 4.4% increase, as compared to December 2016.

Accordingly, the price per kilogram is 24.55 cents, while one kilowatt hour (kWh) of heat from wood pellets costs 4.91 cents. The price advantage for fuel oil is currently 17.5%, compared to 18% for natural gas, according to the German Energy Wood and Pellet Association e. V. (DEPV).

"Nationwide heating companies have already stocked up with pellets. Experienced wood pellet traders know that pellets cost more in winter than in summer, "confirms Martin Bentele, Managing Director of the industry association DEPV. "Increased demand is thus counteracted by unfavorable production conditions. According to a DEPV survey, however, the warehouses are well filled, so that the supply of domestic wood pellets is always assured. However, those who order pellets now have to keep in mind that short-term orders are often complicated by the winter weather and that there may be extra waiting times. "

Regional prices(for 6 tonnes purchases) in December: Northern Germany: EUR 244.26 / t, Central Germany: EUR 244.79 per tonne, Southern Germany: EUR 244.90 / t.

Larger quantities (26 t) could be bought for the following prices: South: 227.08 EUR / t, Middle: 226.46 EUR / t, North / East: 225.58 EUR / t (all incl. VAT).

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